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China has enforced an annual fishing ban to protect the ocean's ecosystem and biodiversity from excessive fishing since 1995.

China for us is not only one of our most dynamic markets, it is also the second-biggest long-haul market in terms of turnover after the United States. And together with our joint venture partner Air China, we are clearly No 1 between China and Europe. About 5 percent of our global revenue comes from our Chinese routes. Last year, we grew revenue 12 percent, so in two more years we will break the 1-billion-euro turnover threshold.

China at this time has about 1,000 companies whose annual revenue has surpassed 10 billion yuan, data from the China Enterprise Confederation showed. As the Chinese economy is transforming from rapid growth to high-quality development, more "10 billion yuan" level enterprises are needed to lead in industrial progress, Yao added.

China has always committed to promoting agricultural and rural development in developing countries, especially in Africa, making poverty alleviation a priority for foreign aid, Deng said.

China has long stated that it does not want a trade war and won't fire the first shot because no one will emerge as a winner in a trade war. Once the trade war breaks out, China and the US and people of the entire world stand to be the biggest losers.